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Personal Finance

Stories related to personal finance.

Inflation levels remain unchanged in May, brings 2 percent target into focus

Inflation levels remain unchanged in May, brings 2 percent target into focus

Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.

June 13, 2024 1:38pm EDT
50 percent of Americans saving for college don't know about a 529 savings plan: survey

50 percent of Americans saving for college don't know about a 529 savings plan: survey

Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.

June 12, 2024 8:06pm EDT
Buy now, pay later products to be treated like credit cards, CFPB says

Buy now, pay later products to be treated like credit cards, CFPB says

BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.

June 12, 2024 7:56pm EDT
These US cities have the biggest inflation problems, study finds

These US cities have the biggest inflation problems, study finds

High inflation continues to impact the economy, and these cities are feeling it the most.

June 12, 2024 2:25pm EDT
Soaring insurance rates drive auto insurance shopping rates higher: report

Soaring insurance rates drive auto insurance shopping rates higher: report

Shopping rates for new auto insurers climbed in January and February 2024, rebounding from a dip in the previous quarter.

June 10, 2024 8:18pm EDT
Gas prices to keep dropping as motorists plan Fourth of July road trips: AAA

Gas prices to keep dropping as motorists plan Fourth of July road trips: AAA

The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.

June 10, 2024 7:38pm EDT
Mortgage rates fall but only slightly as home prices continue rising

Mortgage rates fall but only slightly as home prices continue rising

Home prices may still be up, but mortgage rates dipped down to just below 7% this week.

June 7, 2024 5:54pm EDT
22% of retirement-age Americans are still working; these states have the most

22% of retirement-age Americans are still working; these states have the most

Despite the number of Americans who are 65 and older decreasing from 2022 to 2024, it’s still double what it used to be almost 40 years ago.

June 7, 2024 4:51pm EDT
Unemployment increased just slightly despite the US adding 272,000 jobs

Unemployment increased just slightly despite the US adding 272,000 jobs

Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.

June 7, 2024 4:50pm EDT
71 percent of Americans waiting on interest rate cuts before hunting for homes: survey

71 percent of Americans waiting on interest rate cuts before hunting for homes: survey

Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.

June 5, 2024 5:57pm EDT
Borrowers urged to apply for Navient's private student loan forgiveness

Borrowers urged to apply for Navient's private student loan forgiveness

The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.

June 5, 2024 3:22pm EDT
Spotify raising US prices for premium plans, again

Spotify raising US prices for premium plans, again

The Sweden-based audio streaming giant announced Monday it is raising prices for its premium plans in the U.S. once again, after increasing subscription fees nearly a year ago.

June 4, 2024 2:03pm EDT
The 10 cheapest new cars in 2024

The 10 cheapest new cars in 2024

Nissan, Kia, Hyundai and Mitsubishi dominate Cars.com's list of the cheapest new cars.

June 3, 2024 6:19pm EDT
Gas prices dropped by more than they have all year as after-holiday demand dips

Gas prices dropped by more than they have all year as after-holiday demand dips

Decreasing oil prices and less demand has caused a sizeable drop in gas prices this week.

May 31, 2024 7:35pm EDT
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac

Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac

The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac's latest Primary Mortgage Market Survey.

May 31, 2024 2:25pm EDT
Social Security recipients will get one less payment in June – here's why

Social Security recipients will get one less payment in June – here's why

Here's why some Social Security recipients will miss a payment in June.

May 31, 2024 12:47pm EDT
Q1 GDP revised down on lackluster consumer spending

Q1 GDP revised down on lackluster consumer spending

Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.

May 30, 2024 7:48pm EDT
Home prices not budging, hit new high in March: Case-Shiller

Home prices not budging, hit new high in March: Case-Shiller

Home prices are now 6.5% above their level this time last year, reaching their ninth all-time high within the past year, according to S&P CoreLogic Case-Shiller.

May 30, 2024 1:58pm EDT
Social Security has a 'billionaire problem,' advocate warns

Social Security has a 'billionaire problem,' advocate warns

Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.

May 30, 2024 12:57pm EDT
Home insurance rates have surged nearly 40% since 2019 – but they're rising fastest in these states

Home insurance rates have surged nearly 40% since 2019 – but they're rising fastest in these states

Rising home insurance premiums are the latest squeeze on homeownership.

May 30, 2024 9:01am EDT
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Philly officer hit during traffic stop before car crashes into home, officer uninjured

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Philadelphia excited for 2026 FIFA World Cup: Businesses hope for summer boom

Philadelphia excited for 2026 FIFA World Cup: Businesses hope for summer boom

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These states are the most vulnerable for identity theft and fraud in 2025, data suggests

These states are the most vulnerable for identity theft and fraud in 2025, data suggests

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New mutated flu strain ‘subclade K’ raises concerns as cases spread

New mutated flu strain ‘subclade K’ raises concerns as cases spread

Man shot a block away from home during attempted robbery in Philadelphia

Man shot a block away from home during attempted robbery in Philadelphia

Delaware County mother seeks justice in son's hit-and-run death

Delaware County mother seeks justice in son's hit-and-run death

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